Andi Haswidi, Jakarta – A number of legislators are insisting that certain sectors of the economy remain closed to foreign investment despite the fact that the newly enacted 2007 Invest

Ika Krismantari, Jakarta – Modern retail outlets in the country such as hypermarkets and minimarkets do not pose any threat to wet markets and traditional grocery stores despite their m

Andi Haswidi, Jakarta – Both local and foreign investors are seeking clarification from the government on its commitment to providing a more conducive investment climate amid growing de

B. Gunawan, Jakarta – Believe it or not, although the monetary authority has continued to lower the interest rate, loans for the real sector have not increased.

Jakarta – Indonesia could suffer losses as great as, or even worse, than those that other developing countries have suffered as a result of entering into free trade agreements, such as

Apriadi Gunawan, Medan – Many small- and medium-scale businesses in Medan have reportedly shut up shop over the past six months due to the low purchasing power of consumers there.

Jakarta – Indonesian consumers have become more confident about the economy, while at the same time seeing risks ahead, the latest survey by the central bank shows.

Ary Hermawan, Jakarta – The government will allocate more money for infrastructure development in next year's budget in an effort to ease the distribution bottlenecks that have seriousl

Andi Haswidi, Jakarta – Despite the enactment of the Investment Law last week, business players continue to reserve their enthusiasm, maintaining that it is far from enough to improve t

Ary Hermawan, Jakarta – While last year's moderate economic growth and the establishment of a more stable macroeconomic environment were positive accomplishments, they were still insuff

Jakarta – The government has reiterated its commitment to attracting more foreign investment, affirming its guarantees for major infrastructure projects and longer-term land and propert

M. Taufiqurrahman, Jakarta – Economists criticized Friday the target set by a strategic group for Indonesia's transformation into a developed nation in the next 20 years.

Andi Haswidi – The presidential regulation on the modern retail market scheduled to be issued in March will not restrict the operation of foreign retail chains, which have been criticiz

Urip Hudiono, Jakarta – As a result of prudent macroeconomic policies, the Indonesian government now has sufficient resources to finance the country's infrastructure development and red

Jakarta – The losses caused by the massive flooding in Greater Jakarta last week may reach up to Rp 8 trillion (US$879 million), almost double the earlier estimate of about Rp 4.3 trill

Andi Haswidi, Jakarta – Policyholders whose homes, cars and other property were damaged by the floods over the past days may find themselves being turned away by their insurance compani

Urip Hudiono, Jakarta – The sharp drop in actual investment last year indicates that there are serious problem in the government's industrial development policies, a senior economist sa

Urip Hudiono, Jakarta – In the latest – and somewhat populist – take on the politically sensitive issue of foreign borrowing, President Susilo Bambang Yudhoyono said Indonesia no longer

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Jakarta – Indonesia's economy would be poised for higher economic growth this year were it not for inability of the government of President Susilo Bambang Yudhoyono to deliver, accordin

Bambang Nurbianto, Jakarta – The polemic in the media over the sale of shares by two foreign-owned water companies in Jakarta ended after Governor Sutiyoso approved the proposal of RWE

Budiawan, Yogyakarta – Floods and the shortage of rice stocks leading to higher prices for the essential commodity are two of the current problems facing the country.

Jakarta – A survey from Australian research firm Roy Morgan has found that most Indonesian consumers are predicting better economic prospects for 2007.

Slamet Susanto, Yogyakarta – Small-scale aluminum casting producers in Yogyakarta are on the brink of collapse, losing out to a boom in Chinese products and handicapped by limited acces

Andi Haswidi, Jakarta – The country's exports broke yet another record in November at US$8.92 billion, the Central Statistics Agency (BPS) reported Tuesday, adding weight to predictions

Jakarta – The growing number of minimarkets and convenience stores in Jakarta is forcing many small-scale traders out of business.

Jakarta – Incentives should be given to businesses to improve their productivity and increase their taxable incomes, an economist says.

Hendarsyah Tarmizi, Jakarta – If the government's macroeconomic targets are used as the yardsticks to assess the country's economic performance this year, the results would be fairly go

Benget Simbolon Tnb., Jakarta – The government made a big push in 2006 to lure new foreign investors to Indonesia, but a number of urgent problems continue to keep investors away.

Andi Haswidi, Jakarta – With a number of sectors having contracted in 2006, the country's industrial sector is set to grow by a less-than-expected 5 percent this year, almost 1 percent

Jakarta – In another move to tighten the screws on those involved in white-collar corruption, the country's capital market watchdog, Bapepam-LK, threatened Tuesday to freeze all the dir

Jakarta – The country has lost over Rp 219 billion (some US$24.3 million) in potential tax revenue annually because of counterfeiting, research by the Institute for Economics and Social

Andi Haswidi, Jakarta – Dubbed one of the most influential business gurus, Michael E.

Andi Haswidi, Jakarta – Despite efforts to improve legal certainty under President Susilo Bambang Yudhoyono's administration, investor trust in the Indonesian legal system remains low.

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Abdul Khalik, Jakarta – As long as Indonesia is unable to fix its corrupt bureaucratic and legal system, the country will find it difficult to attract foreign investment from the US or

Urip Hudiono, Jakarta – Indonesia's economy appears to be on track again, growing by 5.52 percent in the third quarter ended Sept.

Jakarta – Local and foreign analysts are upbeat that Indonesia will be able to meet its economic growth target of 6.3 percent next year despite an expected slowdown in world trade.

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Victor Tjahjadi, Jakarta – Indonesia has sought to reassure investors attending a key infrastructure summit that the government is fighting hard to end corruption and slash red tape in

Urip Hudiono, Jakarta – Two key economics ministers have given assurances that Indonesia is committed to addressing the concerns of investors hoping to participate in infrastructural de

Benget Simbolon Tnb., Jakarta – Transportation Minister Hatta Rajasa assured investors Wednesday that private firms – both local and foreign – would still be allowed to own up to 100 pe

Urip Hudiono, Jakarta – The House of Representatives approved the 2007 budget Tuesday, with the government envisaging a wider deficit of Rp 40.5 trillion (US$4.3 billion) to help accele

Benget Simbolon Tnb., Jakarta – Despite fairly free elections at a regional level, democracy in Indonesia is still at the procedural stage, promoting the "practices of a shadow state an

Canberra – East Timor's parliament will next month consider ratifying a revenue sharing treaty with Australia covering Timor Sea energy resources that would remove one of the stumbling

Victor Tjahjadi, Jakarta – Indonesia has terminated a contract with ExxonMobil Corp to drill a major offshore gas field in the Natuna Sea off the west coast of Borneo, in a move that ma

Urip Hudiono, Jakarta – Within a week, Indonesia will finish repaying all its debts to the International Monetary Fund (IMF), ending an eight-year, up-and-down relationship with the glo

Andi Haswidi, Jakarta – High global demand for non-oil and gas commodities, including crude palm oil, coal and rubber, has once again helped the country's total exports reach a record g

Ridwan Max Sijabat, Jakarta – Vice President Jusuf Kalla is under fire for his statement that democracy is less important than political stability and security in attracting foreign inv

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